Pre Foreclosure 3 Bedroom 2 Bathroom Single-Family Home for sale in Mission, TX
This is the perfect investment flip potential property you are catching right at pre foreclosure. At approx. 1850 square feet it resides in Meadow Creek Country Club subdivision and Golf Course. Golf Course right behind property in the backyard. Golf cart/small garage in back of home. Needs TLC. Perfect for investors not afraid to dig in and turn a quick profit.
Comparable Sold Properties (6 months):
- 804 Lake View Dr. Mission TX
2bed/2bath 1996 built 1242 sqft SOLD: 107K (86.15 ppsqft) - 802 Lake View Dr. Mission TX
2bed/2bath 1996 built 1486 sqft SOLD: 105K (70.7 ppsqft) - 2100 Crystal Dr. Mission TX
2bed/2bath 1995 built 1184 sqft SOLD: 94,500 (79.81 ppsqft)
AVG ppsqft: 78.89
AVG Rent: 1,005
ARV: 146,104
Estimated Repairs: 28K (roof , fascia boards, leaked ceilings, carpet, flooring)
BREAKDOWN PROJECTION: Purchase Price 55k+Repairs 28k= 83K Invested,
ARV 146k – 83k Invested = 63K Profit
PROJECTED PROFIT: 63K
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